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Market Conditions in Long Beach : Real Estate Advice

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  • Local Info83
  • Home Buying252
  • Home Selling24
  • Market Conditions19

Activity 24
Sun May 13, 2007
Kaye Thomas answered:
This is a great question... Manhattan Beach saw a slight decline in prices in 2006 compared to prices in 2005. Since January of 2007 prices have been very stable in Manhattan Beach and all of the Beach Cities. Luxury homes in premium locations along The Strand in Manhattan Beach and Hermosa Beach have actually seen prices increase over prices in 2005.
Beach City homes always seem to fare better then those in inland locations in changing real estate markets.
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Sun May 13, 2007
Laurie Manny answered:
Depending on location, condition, floor, view: approximately between $325 and $390, HOA ranging from about $150 to about $250. High Rise with Ocean view about $500 to about $875 with HOA in the $500 area. ... more
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Sun Feb 13, 2011
Laurie Manny answered:
Long Beach California has many wonderful and diverse communities, there is something here for just about everybody in many price ranges.

We have high rises buildings, many multi-family units, 17 historic districts, condos, co-ops, own-your-owns, and many single family residences.

If you are an urban minded professional the Downtown Long Beach or Alamitos Beach area's might interest you.

Bluff Park, Bluff Heights, Belmont Heights, Rose Park & Rose Park South are nearby and offer a beach close residential setting.

The Belmont Shore area is very popular, surrounded by the ocean and some of our wonderful canals. The upscale and fabulous Naples Island and the Peninsula are nearby also, offering homes with private dockage.

Moving inland the Virginia Country Club, Bixby Knolls and the Historic California Heights areas are wonderful, the nearby Wrigley and Wrigley Heights areas are a bit more affordable.

The Lakewood Plaza and Ranchos areas are extremely desirable and offer a great K-8 award winning school, Cubberley, which is highly desirable.

We have many more interesting and desirable areas to choose from. You will find a multitude of area information on my website which you might find helpful.
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Sat May 12, 2007
Joseph Bridges answered:
In Long Beach right now it really depends on the area of the city that the property is located that says how long the property will stay on the market for. As a whole properties are on the market for an average of 62 days. This to be honest is quite good in comparison to other areas of the country. The overall inventory in Long Beach is just over 2,300 residential properties for sale with just over 225 properties going into escrow and selling every month. Some areas of Long Beach have average days on market that are closer to 45 days in some of the areas closer to the water. There is still a nice selection for buyers to choose from and motivated sellers. ... more
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